The Gold Market: Strategies for Investing and Reselling with Trey Benedict

The Gold Market: Strategies for Investing and Reselling with Trey Benedict

Author: Chris Hutchins December 18, 2024 Duration: 49:55
#206: Discover to secrets of gold investing, reselling, profiting and more with Trey Benedict. Learn the history of the gold market, how gold is valued, where to find opportunities for investing and reselling gold, the differences between the bullion and collector market, tips to avoid scams and so much more. Trey Benedict is the CEO and Co-Founder of Pure Technologies, a platform bring transparency, liquidity, and technology to the gold industry. He has extensive experience from Heritage Auctions, Tangible Investments, and Kevin Lipton Rare Coins. Link to Full Show Notes: https://chrishutchins.com/gold-investing-selling-buying-trey-benedict Partner Deals Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth Cultural Care: Get $250 off flexible childcare with international au pairs Daffy: Free $25 to give to the charity of your choice Copilot: Free 2 months access to my favorite personal finance app with code HACKS2 MasterClass: Learn from the world's best with 15% off For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Trey Benedict: LinkedIn Pure (Up to $150 off when buying/selling here) Coins American Eagle American Buffalo PAMP Lady Fortuna 230th Anniversary Flowing Hair Coin Grading Companies: PCGS vs NGC Costco Gold Bars: Price Guide and What to Know PCGS CoinFacts Heritage Auctions Stack's Bowers American Numismatic Association Professional Numismatists Guild ATH Episode #200: Debunking Tax Myths, Avoiding Audits and Maximizing Savings with Jasmine DiLucci Are Credit Card Rewards Taxable? Full Show Notes (00:00) Introduction (02:14) Understanding the Gold Market (04:50) The Many Different Reasons People Buy Gold (07:11) Trey's Journey with Gold and Coin Restoration (11:02) How Gold Is Valued and Priced (13:45) Spot Price and Gold Trading (16:13) Types of Coin Traders (18:49) How Can People Invest and Make Money in Gold? (22:49) How Often the U.S. Mint Releases Limited Coins (25:22) Pure: A Marketplace for Gold (35:38) Leveraging Discounted Gift Cards to Buy Gold (37:12) Ways to Mitigate Concerns Around Buying and Selling Gold (43:41) Vetting Coin Shops (45:59) Can You Trade Your Gold Jewelry? (47:13) Online Resources for Gold Info (48:24) Things to Avoid in the Gold Market Connect with Chris Newsletter | Membership | Twitter | Instagram | LinkedIn Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever feel like there's a smarter, more efficient way to navigate your finances, your travels, and your daily routines? That's the core question driving All the Hacks: Money, Points & Life. Hosted by Chris Hutchins, this podcast is built on a simple, powerful idea: maximizing value doesn't mean sacrificing enjoyment. Instead, it's about the strategic choices that free up resources-both money and time-for what truly matters. Chris approaches life as a series of systems to be optimized, drawing from his own experience saving millions through meticulous analysis. The conversations here are practical and wide-ranging, moving seamlessly from credit card points strategies and investment philosophies to the less tangible hacks for personal fulfillment. You'll hear from a diverse roster of experts and icons, including Tim Ferriss, Tony Hawk, Codie Sanchez, and Gary Vaynerchuk, who all bring their unique perspectives on building wealth and designing a compelling life. Each episode feels like a focused workshop, offering actionable advice you can use immediately, whether it's planning a luxury vacation for a fraction of the cost or rethinking your approach to career and leisure. This isn't just about frugality; it's about unlocking freedom and excitement through smarter decisions. Tune in for a consistently insightful blend of tactical moves and deeper conversations that challenge the conventional trade-offs between spending, saving, and living well.
Author: Language: English Episodes: 100

All the Hacks: Money, Points & Life
Podcast Episodes
Chris’ Money Allocation Framework: 10 Steps to Build Your Wealth [not-audio_url] [/not-audio_url]

Duration: 53:33
#235: Chris shares his personal 10-step money allocation framework to help prioritize savings, investments, and financial flexibility. He also dives into advanced strategies for tax optimization, liquidity, and real-worl…
Money: What Each Generation Gets Right (& Wrong) with Ben Carlson [not-audio_url] [/not-audio_url]

Duration: 1:03:32
#233: Explore how different generations approach money and what they get right (and wrong) about saving, investing, spending, and building wealth. We dig into the psychology of money across generations and share practica…
Credit Cards: What's in My Wallet for 2025 [not-audio_url] [/not-audio_url]

Duration: 1:16:58
#232: Chris reviews his current credit card lineup for 2025. He also covers how to evaluate new/existing cards, some card changes for 2025, new cards he's excited about, the best cards for each major spending category, a…
Understanding and Improving Your Gut Health with Dr. Robynne Chutkan [not-audio_url] [/not-audio_url]

Duration: 1:05:51
#229: Your gut is the engine of your entire body, so today we break down how to keep it running smoothly with practical, evidence-backed tips. We cover the gut’s powerful role in digestion, immunity, and brain health whi…
The Path to Becoming an Expert in Points & Miles with Devon Gimbel [not-audio_url] [/not-audio_url]

Duration: 1:08:18
#227: An actionable 4-step framework to master points and miles while maximizing personal value. We cover high-yield earning strategies like paying processing fees, bulk ordering, and leveraging business expenses, plus t…